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Rentcafe

All articles tagged with #rentcafe

lifestyle1 year ago

Top 10 Affordable and Thriving U.S. Cities to Live In

Portland, Maine, tops RentCafe's list of the most livable U.S. cities, balancing quality of life and community engagement despite a higher cost of living. The list, which evaluates socioeconomics, location, and quality of life, includes cities like Lincoln, Nebraska, and Des Moines, Iowa, which offer lower living costs. The rankings highlight the Midwest's affordability, with Portland standing out for its healthcare and educational opportunities. Personal preferences and budget considerations remain crucial in choosing the best city to live in.

via CNBC|
#costofliving#lifestyle#livablecities
real-estate2 years ago

Rapid Apartment Construction Drives Rent Increases in Major U.S. Cities

Frisco's 75034 ZIP code in Texas ranks fifth in the United States for apartment building, with 5,872 new apartment units added from 2018 to 2022. The area has experienced significant growth, with its apartment supply more than doubling over the five-year period. Only neighborhoods in Washington, D.C., New York, and Nashville saw more apartment construction.

via The Dallas Morning News|
#apartment-construction#frisco#real-estate
real-estate2 years ago

Comparing Apartment Sizes for $1,500 in Top US Cities.

Rentcafe's annual analysis shows that Wichita, Kansas offers the most apartment space for $1,500 with 1,463 square feet, while Manhattan offers the least with only 243 square feet. Year-over-year average rent prices across the U.S. have gone down for the first time since COVID-19, but the national median cost of rent is still $1,937, which is higher than pre-pandemic levels.

via The Hill|
#apartment-space#covid-19#real-estate
real-estate2 years ago

"Shrinking 1-Bedroom Apartments: Now Under 900 Sq. Feet"

New apartments in the US have seen a reduction in size, with the average square footage dropping by 30 square feet to 887 in 2022, according to a report by RentCafe. The decrease in size was most significant in studio and one-bedroom apartments, which have seen an increase in market share. The report also found that the average apartment size varied by region, with the South, Southeast, and Western regions offering the most space, while the Pacific Northwest, California, and Mid-Atlantic regions offered the least. The average apartment size has seen a 5.7% drop between 2013 and 2022.

via Fox Business|
#apartments#housing-market#real-estate